Online Tuition Platform Success Stories [2024]
Online tuition platforms provide a channel for teaching students one-on-one. The tutoring platforms enable students to learn and study online at their chosen schedule, choose a tutor and pay for the courses they can afford.
Examples of online learning platforms include Coursera, codecademy, Udemy and Pluralsight.
To start an online tutoring platform, choose a niche and create a website. You can offer the lessons yourself or keep the online learning platform open for other tutors to signup and list their lessons.
In this list, you'll find real-world online tuition platform success stories and very profitable examples of starting a online tuition platform that makes money.
1. Third Space Learning ($9.96M/year)
Tom Hooper, the founder of Third Space Learning, came up with the idea for his business after selling his previous online tutoring company, BrightSpark, to TES Global. He recognized the importance of market focus and decided to launch Third Space as a second venture, with a specific focus on making one-to-one tuition accessible to primary school students, particularly those from disadvantaged backgrounds. This market-oriented approach, combined with valuable feedback from teachers, allowed Third Space to gain traction and establish itself as the largest online tutoring company in the UK schools market.
How much money it makes: $9.96M/year
How much did it cost to start: $100K
How many people on the team: 80
Third Space Learning has become the largest online tutoring company in the UK schools market with around 75% of English primary schools and over 100,000 teachers signed up, generating around £8m in revenue this year and delivering nearly 800,000 hours of teaching to just under 70,000 pupils since 2015, with plans to expand globally in the future.
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